with A+ Graded Answers
What are the three pervasive problems with IT projects?
Late delivery, overbudget, does not meet business requirements
What is IT portfolio management
Managing IT as a portfolio of assets like a financial portfolio
What are the risks associated with an IT project?
delays,
cost overruns,
strategic misalignment,
end-user acceptance
What are the dimensions of the IT portfolio?
Value to the the business (vertical)
Risk (Horizontal)
What are the top 10 benefits of the ITPM process?
1) improved business-strategy alignment
2) centralized control
3) cost reduction
4) communication with business executives
5) improved ROI
6) improved customer service
7) professional respect
8) competitive advantage
9) IT integration during mergers and acquisition
10) improved decision making
What are the implementation hurdles of ITPM?
Metrics and Measurement Process, Skills and Resources, Business Alignment
What is the purpose of EA?
Improves performance of an enterprise
What does the equation EA = S + B + T mean?
Enterprise Architecture = Strategy + Business + Technology
What are the core elements of an Enterprise Architecture approach?
Governance, Methodology, Framework, Best Practices, Artifacts, Standards
Identify the four elements of an EA management program
Ad hoc, Defined, Managed, Synchronized